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of value for what i pay. >> bill: they say we're doing this in the legacy of ronald reagan. bull you know what. ronald reagan raised taxes five times. >> reagan would have no place in the current republican party given some of the things they did. grover norquist holds him up as an icon. grover is in a completely different place than he is on taxes. >> bill: why don't the media expose these people as the liars and hypocrites that they are? >> because they're fair and balanced. >> bill: so are we going over the fiscal cliff? >> i think we are. i think we are. for a couple of reasons. one, there's not a whole lot of time. it is six weeks from tomorrow to the start -- >> bill: they don't have any backbone. >> that's number two. number three 80 lame ducks who may not show up to vote. plus you've got this stale -- continuing stalemate on tax and spending policies and then on top of everything else, it is not really a fiscal cliff. it is a fiscal slope. it stays in place. they called it a cliff but the damage to
s, of considers under ronald reagan and george w. bush's tax rates in 2003. it's interesting, i found two universal effects of those tax cuts. first, in every instance we cut the rates, the economy worked faster. it did work, mr. president, we got a lot of growth. but the second may be more interesting, is that guess what happened to the share of taxes paid by the rich. they went up, in fact, if you want to get more money, mr. president, out of rich people, cut their tax rate, don't raise them, because history proves it. >> dave: certainly did in the reagan years and another peace in the wall street journal a couple back, clinton rates, raised top tier 39.6 and as the authors of that piece said produced the one period of shared prosperity not because they raised taxes, but certainly lead to growth, right? >> no question. the 1990's was a prosperous era, but i think that sometimes people get a little of that history wrong what happened in the 1990's, president clinton raised taxes in the first year in office and remember, the first two years in office were a catastrophe and in fa
Search Results 0 to 2 of about 3 (some duplicates have been removed)

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